2016 Chevrolet Volt Gets $1,200 Price Reduction

Chevrolet has announced a price reduction on the 2016 Chevrolet Volt in the amount of $1,200. Some people may be happy about that savings, but Auto Transport Quote Services is not liking it at all. When you look at a typical 5 year loan and at zero percent interest the savings is a mere $20 a month which doesn’t even buy two people each a Chipotle bowl and a drink. To us it is a little insulting. When a reliable company offers a price and can save the customer money it is a great thing, but when the discount or savings is so low it is a little insulting. Let’s take this for an example: let’s say we quoted a customer $1200 to transport their car from Los Angeles, CA to Boston, MA. We find out we can get it done for cheaper and give the $25 savings back to the customer. It is such a small amount that it doesn’t even matter. That is kind of how the Chevrolet Volt savings is. $20 a month is such a small amount that Chevrolet should have just kept the price the same and invested in making a cooler looking Volt.

The 2016 Chevrolet Volt will start at $33,995 and that is including delivery. When given the Federal tax credit of $7,500 that would bring the price down to $26,495. The 2015 Chevrolet Volt had a starting price of $35,195 so if you do the math the savings is literally 3.4% of the total cost.

What should make more people uneasy about buying a 2015 Chevy Volt is that the 2016 Volt is going to be the completely new redesign and it the second-generation Volt. That means it will be better in nearly every aspect. The new Volt will come with a better driving range (50 miles per charge), and the new Volt will have a 41 mpg up from 37 mpg in the first generation Volt.

I guess it was a nice gesture from Chevrolet to give some savings back to the customer, but it should be a little bit more than just $1,200 or $20 a month. It doesn’t seem like it really doesn’t anything.